The SunTrust Prime Rewards credit card offers extremely low current interest rates for a very long time, plus certain features that are not typically found on cards in their class. Here is the main catch for many people. If you have an account on SunTrust, you can apply for this card from any U.S. state except Vermont, depending on the exhibitor. However, if you are not an account holder, as of February 2020, the issuer will only accept applications from 11 states and Washington, D.C. If you`re looking for a credit card with extremely low interest rates for a very long time, you`ll have a hard time finding a better deal than the SunTrust Prime Rewards credit card. They also tick boxes for some other features that you won`t usually find on credit cards with low interest rates. If your credit card credit is on another card, don`t worry. You can move the credit to this card without paying a transfer fee, as long as you transfer within the first 60 days of opening the account. Thereafter, the fee is 3% of the transferred credit or $10, whichever is greater. In addition to the no-credit transfer fee, the card has an annual fee of $0 and no foreign transaction fees. (It does, however, have the usual fees for cash advances and late payments, for example.) You don`t expect a sign-up bonus with this type of card, but it does have one: $100 in credit account statement after spending $500 on qualifying purchases, within the first 3 months of opening the account. Wearing a credit card credit isn`t ideal, but if you have one, the SunTrust Prime Rewards credit card can reduce the interest you pay for a very long time.
However, other cards offer shorter share periods at 0% interest. Compared to similar credit cards, the low interest rate period is ridiculous: 3.25% for the first 36 months for all assets transferred within 60 days of opening the account, then the current annual effective rate of 11.24% to 21.24% annual variable rate of effective. The bonus and rewards are not surprising compared to primo reward cards, but the fact that a card in this category offers a bonus and rewards is a nice plus. The catch? It is not available to residents of every state. But if you are able to request and need this type of card, add it to your selection list to consider it. Credit cards typically charge a transfer fee of 3% to 5%, which is reflected in the interest savings resulting from the transfer of credit. You also deserve rewards: 1% cashback on everything you buy with the card. If you are a sunTrust customer, you will receive a loyalty bonus of 10%, 25% or 50% of the amount cashed, depending on the type of account you have and the money you have on the deposit.
Here are five things to know about the SunTrust Prime Rewards credit card. If you have to wear a loan, it is a long guarantee to know that you will not pay by the nose for the interest costs. These states are Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia….